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WGN Wogen

39.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wogen LSE:WGN London Ordinary Share GB00B0LMC209 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 39.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Wogen Share Discussion Threads

Showing 151 to 172 of 225 messages
Chat Pages: 9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
08/5/2006
12:04
Erm Oxman, some minor metals prices went up ten fold. Wogen are involved in Minor Metals not LME Metals, it would be like copper going to say USD30,000 / mt, of course a stockholder of Copper would make huge profits, listing on the back of this would be a canny move, if you wanted an exit as the Chairman does / did.

Minor Metals / Ferro Alloys the business Wogen are involved in goes in cycles of around 7 years, this time the cycle resulted in a spike where prices shot up like never before. If you are prepared to wait 7 years they may get another decent result but nothing like the last annual result they posted.

Anyhow you pays your money and you takes your chances

jouster
08/5/2006
11:40
'never in our lifetime' - jouster i accept metals have had a tremendous run but i think your a touch gloomy here - anyway a lot less froth now priced in than up near 200p. also, personally i always like the fact mgmt have a decent stake as with wgn - suspect and hope the good times will roll again at some point. good luck
its the oxman
07/5/2006
18:29
This company used a once in a century set of circumstances to list. The price of many of the commodities they are involved in increased in value ten fold ie Molybdenum, never in our lifetimes will they post similar results, a normal year will show profits of a couple of million pounds, this year will I imagine exceed the norm but a trading company such as this should be valued at 2-3 three times PE plus NAV. This would give a market cap of less than half of where we are today. All imho of course
jouster
07/5/2006
13:58
good value to be had at this level c.130p, medium term - bought a small holding.
its the oxman
03/5/2006
15:39
Part of the reason I didn't buy this is that I think Terry Wogen is too smug. Naming a company after him is asking for trouble in my view.

Slapper

slapdash
27/4/2006
07:50
Digital Look

Metal boom bypasses struggling Wogen

Date: Wednesday 26 Apr 2006

LONDON (ShareCast) - The current boom in metal prices has bypassed metal and minerals group Wogen, as it warned that profits are likely to come in below even the bottom end of guidance.

The group, which only floated at the end of October last year, said it now expects annual profits after tax to be below the low end of the range of analyst expectations. half year profits are likely to be around £1.9m.

Wogen noted that difficult trading conditions have in the seasonally active period of March to May adding that the buoyant prices seen in exchange traded metals have not been replicated by the majority of off-exchange specialty metals that it trades in.

In particular, steel industry raw materials have suffered from poor trading conditions said the group.

Wogen warned in March that while it still expected to produce turnover in line with expectations, it had also witnessed a fall in prices for a number of key trading metals with the margins on trading activities towards the lower end of the expectations.

via con
26/4/2006
17:31
Well glad I didn't invest although did look at it closely..

Have to say this profits warning was entirely predictable...

Last statement (I think AGM) pointed to weaknesses and the prices of secondary metals (i.e. moly) has fallen markedly...

what happens now?? Who knows as this business has no visibility whatsoever...

and we have new management after the guy who ran it is retiring

So glad I'm not in and probably won't look to invest as don't need the hastle...

Slap

slapdash
26/4/2006
16:56
Not sure why this is on my watch-list
Perhaps the town I live in?

Glad it got no further !!

jal

djalan
26/4/2006
10:33
would also guess that the guy/girl who bought 1,500 shares in this two minutes before close of trading yesterday afternoon might be a little peeved today !!
krishall
26/4/2006
10:13
I guess the PER of 3.95 showing in the heading of this thread might now be a trifle outdated now. We knew the profit was going to diminish this year but the latest trading statement was a bit more 'diminishing' than expected.
(.... how does the song go.... three wheels on my wogan and I'm still rolling along.... etc.)

krishall
26/4/2006
09:08
Anyone any idea how low this could fall?

Ground Zero ??

djalan
26/4/2006
07:11
What!! FYE post tax of £16.2m has fallen to £1.9m (subject to audit) at half year. Is this the next Brady? IMO current 142p is a good exit price. Not holder.
skyracer
26/4/2006
06:14
Not a very good trading update this morning. Anyone any idea how low this could fall?
fromtheblue
11/4/2006
11:35
well share price is still creep'in up on a egular basis. so perhaps it'll make £2 by the nd of this month.
krishall
04/4/2006
18:07
perhaps he's stocked up his liquid funds just before the end of the tax year...
will watch and await future developements - both with the co and it's SP

krishall
04/4/2006
15:50
Interesting question is why now rather than 3 weeks ago (after the AGM statement) when he could have bought them cheaper?
valhamos
04/4/2006
14:10
well he's put £87.5k of (presumably) his own money in to the shares. so would say that he's fairly confident of a future rise in the share price
krishall
04/4/2006
14:06
Director/PDMR Shareholding

RNS Number:9261A
Wogen PLC
04 April 2006


Wogen plc


4 April 2006


Directors' Interests


The Board of Wogen plc (the "Company") announces that on 3 April 2006 Anthony
Shearer, Non-executive Director, purchased 50,000 Ordinary Shares in the Company
at a price of 175.0 pence per Ordinary Share. Following this purchase, the
interest of Mr Shearer in the Ordinary Shares of the Company is 50,000 Ordinary
Shares, representing approximately 0.11% of the issued Ordinary Share Capital.


Contact:


Jeremy Gorman

Company Secretary

+44 (0) 20 7935 0027


This information is provided by RNS
The company news service from the London Stock Exchange

krishall
03/4/2006
15:31
nice recovery over the lastr week or so. continuing high metal prices and strength in the world economy should hopefully mean that demand for metals will pick up from the first few months of the year. does anyone have an idea what the key drivers are for this company?....I know metals prices/demand generally, but are they more exposed to certain metals and is anyone tracking the movements of these. If so it would be much appreciated if you could share the wealth.........
jg1882
09/3/2006
09:39
head and shoulders formation coming up ?

in which case, ill buy back in at 1.30

currypasty
07/3/2006
14:48
Short or contrary informed views always welcome, Slapdash, but I don't see how stating the obvious in a negative way qualifies. No, this is not a growth stock; yes, its earnings are unpredictable which is why it was floated at 4 times last year's earnings. We all agree; now time to move on.
valhamos
07/3/2006
09:49
Profits will mot be £23m this year - no surprise there. The question is where will they finish up. Pick a number from £15m, £10m, £5m, £0m or negative. It all boils down to 'what is the core business worth in an average year - and what are the prospects for growth'

Considering the co's developments in China I would say the the prospects are good to excellent. What future profits will be is extremely 'finger in the air', but I reckon that the current share price is fair if in an 'average' year the co makes £6m - £8m.

I would welcome any other views on this subject

mathisvale
Chat Pages: 9  8  7  6  5  4  3  2  1

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